Larry F. Mazza - 21 Mar 2023 Form 4 Insider Report for MVB FINANCIAL CORP (MVBF)

Signature
Lisa J. McCormick, POA for Larry F. Mazza
Issuer symbol
MVBF
Transactions as of
21 Mar 2023
Transactions value $
$0
Form type
4
Filing time
23 Mar 2023, 16:58:26 UTC
Previous filing
07 Sep 2022
Next filing
24 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVBF Common Stock Options Exercise $0 +18.2K +3.27% $0.00 574K 21 Mar 2023 Direct F1, F2
transaction MVBF Common Stock Tax liability $0 -6.42K -1.12% $0.00 567K 21 Mar 2023 Direct
holding MVBF Common Stock 22.3K 21 Mar 2023 Owned By - Melissa Mazza

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MVBF RSU - Time-Vested Award Options Exercise $0 -16.6K -100% $0.00* 0 21 Mar 2023 Common Stock 16.6K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of the time-based restricted stock units granted 03/21/2018 have vested and shares are being issued
F2 Includes 1,583 dividend equivalent shares accrued since the time of grant.
F3 The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended), which cliff vest in 5 years.